Compaq Message Board - Msg: 8819114

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Technology Stocks : Compaq

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To: Loki who wrote (56479)	4/9/1999 11:37:00 PM
From: rupert1	Read Replies (3) of 97611

Loki: Yes, I'm on night duty. I have to start delivering milk to the doorsteps at 6 a.m. I get tips on Saturday because thats the day I collect payment. (My time clock has been skewed by a very late night last night working on that damned virus and the half-crazed hacker). Do you have the text in which it said earnigns would be 15 cents? I have not seen it in the WSJ report. The revenues are to be down only about 3 1/2% percent from the consensus of $9.7 billion yet the earnings are to be down over 50%. I realise margins were hit - but by those percentages!. It is still hard to fathom how the net earnings are as low as 15 cents on these figures. It is hard to believe that the figures include provision for substantial use of the $2.9 billion tax credits available. I don't think we have the true picture from the short content of the Mason warning. I hope the missing pieces are not negative - I hope they are positive - that the true earnings when reported in two weeks will be higher than 15 cents giving an improved atmosphere into the shareholders meeting the next day. Yes, that's what I'll think when I'm delivering the milk in the next couple of hours.

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